Workhorse (WKHS) Enterprise Value (2010 - 2025)
Workhorse (WKHS) posted quarterly Enterprise Value of -$12.9 million for Q4 2025, down 94.6% year-over-year from -$238.9 million in Q4 2024, and up 49.41% quarter-over-quarter from -$25.5 million in Q3 2025.
Workhorse (WKHS) Enterprise Value (2010 - 2025) Analysis & Trends
Workhorse (WKHS) has reported Enterprise Value for 16 consecutive years, with -$12.9 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Enterprise Value fell 94.6% year-over-year to -$12.9 million; the TTM figure through Dec 2025 stood at -$12.9 million (down 94.6% YoY), while the FY2025 annual figure was -$12.9 million, down 94.6% from the prior year.
- Enterprise Value improved to -$12.9 million in Q4 2025 per WKHS's latest filing, from -$25.5 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$2.2 million in Q2 2025 and bottomed at -$338.9 million in Q2 2021.
- Historically, Enterprise Value has averaged -$98.8 million across 5 years, with a median of -$70.7 million in 2023.
- Annual changes were most pronounced in 2021 — Enterprise Value plunged 1193.47% — and 2024, when it soared 91.5%.
- Workhorse's Enterprise Value stood at -$201.6 million in 2021, then soared by 50.77% to -$99.3 million in 2022, then jumped by 73.97% to -$25.8 million in 2023, then jumped by 74.35% to -$6.6 million in 2024, then slumped by 94.6% to -$12.9 million in 2025.
- Business Quant data shows WKHS's Enterprise Value at -$12.9 million in Q4 2025, -$25.5 million in Q3 2025, and -$2.2 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,062.42 Bn | 1,018.89 Bn | 4.75 Bn | -42.92 Bn |
| 2 | Toyota Motor | 248.02 Bn | 113.80 Bn | 12.27 Bn | -128.45 Bn |
| 3 | Honda Motor | 127.13 Bn | 92.93 Bn | -34.06 Bn | -34.20 Bn |
| 4 | Ford Motor | 81.51 Bn | 50.18 Bn | 6.08 Bn | -31.30 Bn |
| 5 | General Motors | 78.38 Bn | 53.66 Bn | 7.33 Bn | -23.08 Bn |
| 6 | Li Auto | 26.25 Bn | 12.80 Bn | 262.11 Mn | -13.37 Bn |
| 7 | Xpeng | 23.13 Bn | 20.59 Bn | 388.90 Mn | -2.54 Bn |
| 8 | Rivian Automotive | 21.08 Bn | 15.77 Bn | 179.00 Mn | -5.29 Bn |
| 9 | Stellantis | 16.04 Bn | -25.41 Bn | 5.55 Bn | -40.92 Bn |
| 10 | Workhorse | 31.36 Mn | 18.46 Mn | 10.06 Mn | -12.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -12.90 Mn |
| Sep 30, 2025 | -25.50 Mn |
| Jun 30, 2025 | -2.19 Mn |
| Mar 31, 2025 | -27.90 Mn |
| Dec 31, 2024 | -6.63 Mn |
| Jun 30, 2024 | -5.30 Mn |
| Dec 31, 2023 | -25.85 Mn |
| Sep 30, 2023 | -38.87 Mn |
| Jun 30, 2023 | -62.38 Mn |
| Mar 31, 2023 | -79.11 Mn |
| Dec 31, 2022 | -99.28 Mn |
| Sep 30, 2022 | -120.12 Mn |
| Jun 30, 2022 | -140.06 Mn |
| Mar 31, 2022 | -167.05 Mn |
| Dec 31, 2021 | -201.65 Mn |
| Sep 30, 2021 | -230.42 Mn |
| Jun 30, 2021 | -338.86 Mn |
| Mar 31, 2021 | -193.95 Mn |
| Dec 31, 2020 | -194.41 Mn |
| Sep 30, 2020 | -80.22 Mn |